Five Point Holdings, LLC (NYSE:FPH) Short Interest Update

Five Point Holdings, LLC (NYSE:FPH - Get Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 87,100 shares, an increase of 28.3% from the November 30th total of 67,900 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 507,900 shares, the days-to-cover ratio is currently 0.2 days.

Insiders Place Their Bets

In related news, Director Sam Levinson purchased 3,283,024 shares of the business's stock in a transaction that occurred on Tuesday, October 22nd. The shares were acquired at an average price of $3.15 per share, with a total value of $10,341,525.60. Following the acquisition, the director now owns 6,219,241 shares in the company, valued at approximately $19,590,609.15. This trade represents a 111.81 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 4.36% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of FPH. Virtu Financial LLC bought a new stake in shares of Five Point in the 3rd quarter worth approximately $105,000. TCW Group Inc. boosted its holdings in Five Point by 3.1% during the third quarter. TCW Group Inc. now owns 1,168,437 shares of the company's stock worth $4,849,000 after buying an additional 34,900 shares in the last quarter. XTX Topco Ltd acquired a new position in Five Point in the third quarter worth approximately $70,000. Jane Street Group LLC bought a new position in shares of Five Point in the third quarter valued at $76,000. Finally, Wellington Management Group LLP lifted its position in shares of Five Point by 0.4% during the 3rd quarter. Wellington Management Group LLP now owns 957,856 shares of the company's stock valued at $3,975,000 after acquiring an additional 4,281 shares during the last quarter. Institutional investors own 38.09% of the company's stock.

Five Point Stock Down 1.4 %

FPH stock traded down $0.05 during mid-day trading on Friday, reaching $3.58. The company had a trading volume of 293,928 shares, compared to its average volume of 195,646. The stock's 50-day simple moving average is $3.86 and its two-hundred day simple moving average is $3.50. The stock has a market capitalization of $530.88 million, a P/E ratio of 5.11 and a beta of 1.45. Five Point has a one year low of $2.60 and a one year high of $4.39.

Five Point (NYSE:FPH - Get Free Report) last released its earnings results on Thursday, October 17th. The company reported $0.07 earnings per share for the quarter. Five Point had a return on equity of 2.57% and a net margin of 26.19%. The firm had revenue of $17.01 million during the quarter.

Five Point Company Profile

Five Point Holdings, LLC, through its subsidiary, Five Point Operating Company, LP, owns and develops mixed-use and planned communities in Orange County, Los Angeles County, and San Francisco County. The company operates in four segments: Valencia, San Francisco, Great Park, and Commercial. It sells residential and commercial land sites to homebuilders, commercial developers, and commercial buyers; operates and owns a commercial office, research and development, medical campus, and other properties; and provides development and property management services.